RAC 0.00% $1.94 race oncology ltd

RAC - Charts & Price Action, page-10969

  1. 1,241 Posts.
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    I read a couple good things today.

    "10, 20, 30 baggers take time. Be patient
    “The 10, 20 or 30 baggers that I have enjoyed over my career have taken 5-6 years for that price escalation to occur,” xxxx says.

    “Almost all of them have fallen in price by 50% or more at some point over the journey. You have to have the willingness for time to be on your side, and you also have to have the stomach to endure volatility.

    Write down your investment thesis, and keep revisiting it... Why did you buy this stock?
    “If a stock has fallen from $4 to 50c you don’t have a hold any more — you have a buy or a sell,” Rule says.

    “If you don’t want to sell, why don’t you buy some more? It is surely better value at 50c than it was at $4.

    "If you like something at 10c you better love it at a penny.”

    This was good to read to settle the nervs a little, as recently i put a large sum in, of over $1/4 mil at low/mid 3s, with another $50k following that, That portion is obviously very red. However, at these levels it would be madness not to be buying. I have to ask myself, is it a better investment now than it was at $4, $3.50, $2.80, and so on.

    At $2.38, with recent discoveries, its more attractive now than it was at 90c.
 
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Last
$1.94
Change
0.000(0.00%)
Mkt cap ! $330.4M
Open High Low Value Volume
$1.95 $1.95 $1.84 $647.3K 344.3K

Buyers (Bids)

No. Vol. Price($)
1 3300 $1.87
 

Sellers (Offers)

Price($) Vol. No.
$1.94 5654 2
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Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
RAC (ASX) Chart
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